Abstract: A system and method for deriving compliance requirements from statutes, regulations, case law, official interpretations, attorney general opinions, determination and other interpretive letters, administrative agency regulations, and sources prescribing and interpreting compliance requirements for a jurisdiction, preparing compliance rules documentation that reflect these regulatory requirements, creating computer-encoded compliance rules from the compliance rules documentation, and storing these computer-encoded compliance rules in a compliance rules repository within a regulatory compliance computer system. The jurisdiction may be Federal, state or local authority.

Abstract: A system and method for specifying elections in one or more designated lender compliance profiles that include statutory election, exportation election, most favored lender election, preemption election and non-electable regulatory requirements. A set of computer-encoded compliance rules applicable to a particular financial institution is derived from a lender compliance profile. This designated set of computer-encoded and computer-executed compliance rules derived from a compliance profile may be used to determine regulatory compliance assessment of lender compliance review computer data files. The requirements of the computer-encoded compliance rules are traceable to one or more state jurisdictions, including home state, property state, and target state.

Abstract: An automated system and method for ensuring that information in the form of data files provided by highly regulated businesses, such as financial institutions, comply with the most currently applicable Federal, state and local laws and regulations. This may be accomplished by applying a set of computer-encoded compliance rules to the transaction data files from these businesses in a two-pass regulatory compliance review methodology. In a first pass, a limited set of input data elements from one or more input transaction data files is used that results in an extremum or worst-case condition for compliance assessment by using one or more compliance rule sets. The transaction data files that are found to be not in compliance when using this limited set of data elements may or may not be in compliance when using a more complete and detailed set of data elements in a second pass.

Abstract: A system and method for deriving compliance requirements from statutes, regulations, case law, official interpretations, attorney general opinions, determination and other interpretive letters, administrative agency regulations, and sources prescribing and interpreting compliance requirements for a jurisdiction, preparing compliance rules documentation that reflect these regulatory requirements, creating computer-encoded compliance rules from the compliance rules documentation, and storing these computer-encoded compliance rules in a compliance rules repository within a regulatory compliance computer system. The jurisdiction may be Federal, state or local authority.